How Much Is the Standard Deduction for Each Filing Status?
For 2026, the standard deduction is approximately $15,000 for single filers and married filing separately, $22,500 for heads of household, and $30,000 for married filing jointly and qualifying surviving spouses. Additional amounts apply for taxpayers who are 65 or older or legally blind, increasing the deduction further.
Who Benefits Most From Taking the Standard Deduction?
Taxpayers whose itemizable expenses — mortgage interest, state taxes, charitable contributions, and medical costs above the threshold — total less than the standard deduction benefit from taking it. After the 2017 Tax Cuts and Jobs Act nearly doubled the standard deduction, roughly 90% of filers now choose it over itemizing.
What Are the Limitations of the Standard Deduction?
You cannot take both the standard deduction and itemize in the same year. If you have large mortgage interest, significant charitable gifts, or high state and local taxes, itemizing may yield greater savings. You also cannot claim the standard deduction if you are a nonresident alien or if you file a return for less than 12 months due to a change in accounting period.
Frequently asked questions
Can I claim the standard deduction and still deduct IRA contributions?
Yes. IRA contributions, student loan interest, HSA contributions, and a few other 'above-the-line' deductions are separate from the standard deduction and reduce your adjusted gross income regardless of which deduction method you choose.
Does the standard deduction change every year?
Yes, the IRS adjusts it annually for inflation. Checking the current year's amount before filing ensures you are using the correct figure. Even small annual increases can meaningfully reduce taxable income over time.